64 h. ago India’s aim to diversify trade via Iran faces US tariff threat

US President Donald Trump’s threat to impose 25 per cent tariffs on countries that do business with Iran has dented India’s ambition for the strategic Chabahar port and affected Delhi’s trade with Tehran. Trump’s latest threat could curtail shipments of Indian basmati rice to Iran, but is likely to have a limited impact on India’s trade competitiveness since Iran accounts for about 0.3 per cent of its overall exports, according to analysts. Shipments of the rice, one of India’s biggest exports...

Events

3 d. ago India proposes reopening government bidding to Chinese firms as ties thaw

India plans to lift long-standing restrictions on Chinese companies bidding for government contracts, a move officials say is aimed at easing shortages and project delays as relations with Beijing show tentative signs of stabilising. The proposal, first reported by Reuters, would roll back curbs, imposed after the two countries’ deadly 2020 border clash in the Galwan Valley, that effectively shut Chinese firms out of a vast segment of India’s public procurement market. In October 2024, India and...

Politics

4 d. ago China criticizes US decision to impose 25% tariffs on countries cooperating with Iran

China criticizes US decision to impose 25% tariffs on countries cooperating with Iran  AzerNews

Culture

5 d. ago Trump ‘immediately’ imposes 25% tariffs on countries that do business with Iran. That could include China

Trump ‘immediately’ imposes 25% tariffs on countries that do business with Iran. That could include China  CNN

Politics

1 week ago Wang Yi: China always opposes imposing one country's will on another

Wang Yi: China always opposes imposing one country's will on another  news.cgtn.com

Politics

2 w. ago Australia ‘disappointed’ with China’s 55% beef tariffs, as US$667 million in trade at risk

Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) between the two countries. China announced it would impose additional 55 per cent tariffs on some beef imports from countries including Brazil, Australia and the United States that exceed a certain quantity for the next three years. The country also said it would suspend part of a free-trade agreement...

Economics